Tag: Freight Index

The logistics sector under pressure in the past two months

The logistics sector under pressure in the past two months

After having increased for three consecutive months, the Ctrack Transport and Freight Index (Ctrack TFI) declined notably in the past two months to reach an index level of 119.8 in July, the lowest since February 2024. The weakness evident in the logistics sector has been quite broad-based with five of […]

Recovery in the logistics sector continued during April 2024

Recovery in the logistics sector continued during April 2024

After declining notably in the first two months of the year, the Ctrack Transport and Freight Index (Ctrack TFI) increased in March and April to reach an index level of 123.4, an increase of 2.8% compared to March’s level, and 1.5% above year-ago levels. Except for the two sub-sectors (sea […]

Strain still evident in the logistics sector during February 2024

Strain still evident in the logistics sector during February 2024

After declining abruptly in January, the Ctrack Transport and Freight Index (Ctrack TFI) subsided further in February to an index level of 118.6, a drop of 0.8% compared to January’s level of 119.6 and the lowest since February 2023. Although the pace of decline has subsided compared to January, the […]

Broad-based weakness evident in the logistics sector in January 2024

Broad-based weakness evident in the logistics sector in January 2024

After increasing somewhat in December 2023, the Ctrack Transport and Freight Index (Ctrack TFI) declined notably in January to an index level of 119.3, a drop of 2.1% compared to December’s level of 121.9. The extent of the weakness evident reminds of the pressure the sector experienced amid the KZN […]

The logistics sector lifts its head during October

The logistics sector lifts its head during October

The logistics sector lifts its head during October. Following four consecutive monthly contractions, the Ctrack Transport and Freight Index defied expectations to record growth during October. At an index level of 120.7, the Ctrack Transport and Freight Index is tracking 2.8% above year-ago levels. While the improvement at the start […]

The South African logistics sector treads water in September

The South African logistics sector treads water in September

Following three consecutive months of growth, the South African logistics sector as measured by the Ctrack Transport and Freight Index declined marginally during the month of September, however the third quarter still returned growth. The Ctrack Transport and Freight Index (Ctrack TFI) declined by 0.1% on a monthly basis in […]

The South African logistics sector treads water during June

The South African logistics sector treads water during June

The logistics sector of South Africa recovered somewhat during the month of June, following two months of strain. The Ctrack Transport and Freight Index (Ctrack TFI) grew by 1.3% during June compared to May which represented a 5.0% improvement compared to a year ago, slightly up from May’s 4.7% year-on-year […]